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>> the government wants to save money, but what about consumers? should they be forced to put money into retirement? most people do but some don't, should they be forced to? [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪
>> the government wants to save money, but what about consumers? should they be forced to put money into retirement? most people do but some don't, should they be forced to? [ male announcer ] 'tis the season to discover the kid in all of us. enjoy free shipping and great values on your holiday shopping from l.l. bean. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a...
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Dec 12, 2012
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officials said there was evidence that the syrian government was preparing for potential chemical weapons, but yesterday, defense secretary leon panetta said new intelligence shows they may be backing off. >>> well, now to west virginia. did you see this? a national gas line exploded in a town just ten miles north of charleston. at first, witnesses thought a plane had crash, as the flames shot up over 75 feet in the air before it was put out. at least five homes up in flames, destroyed, and a portion of the nearby freeway was damaged. officials say the area within 1,000 feet of the explosion site was evacuated. many of the surrounding area still without power. people were treated for smoke inhalation. no major injuries, amazingly, where reported in that natural gas line blaze. >>> the national transportation safety board, of course, will launch an investigation. >>> and finally, grammar winner and virtuoso star ravi shankar has died. you've probably heard his influence in the most famous music. he became friends with the beatle and a longtime collaborator with george harrison. he burst on
officials said there was evidence that the syrian government was preparing for potential chemical weapons, but yesterday, defense secretary leon panetta said new intelligence shows they may be backing off. >>> well, now to west virginia. did you see this? a national gas line exploded in a town just ten miles north of charleston. at first, witnesses thought a plane had crash, as the flames shot up over 75 feet in the air before it was put out. at least five homes up in flames,...
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Dec 13, 2012
12/12
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labor unions are saying it's a civil war and the state government is saying it's going to be blood as a result of this. from this day forward, how do you begin to sort of bury the hatchet between the two parties so that while you really disagree on this legislation, that you can work together on other legislation and other areas to bring your state forward? how do you bury the hatchet? >> that is really important that we start right away. we have dealt with very controversial issues in the past. the state of michigan has gone through a process of balancing our budget and paying down debt. we have seen the fastest reduction of unemployment in the nation and revamped the tax structure, a lot of controversial things. we have found a way to work together and be inclusive even throughout the difficult times. i think once we get space between the passage of the law and the future, you will find that those types of tempers will die down, they will certainly be those who hold on to that anger over time. but our part is to be very itself and work toward the future and these fights, you have th
labor unions are saying it's a civil war and the state government is saying it's going to be blood as a result of this. from this day forward, how do you begin to sort of bury the hatchet between the two parties so that while you really disagree on this legislation, that you can work together on other legislation and other areas to bring your state forward? how do you bury the hatchet? >> that is really important that we start right away. we have dealt with very controversial issues in...
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Dec 10, 2012
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public programs are successful which has been prooufb they're success it undercuts their view that government can't do anything right. >> is there a fear factor of democrats at this point if it's done in a small ball version versus a long ball version? >> yes, there is. i have to admit i'm a card carrying member of the sherrod brown fan club and he represents a breed of democrat that's proudly progressive and doesn't want to ceded ground to republicans but i think the president has to give boehner, speaker boehner, some ammunition with which to go back to the republicans in the house and say, look, the president is not getting everything he wants in this either. if he doesn't provide the republicans that kind of cover, that does in my view jeopardize a deal. that having been said, i think we are certainly seeing that republicans in the house and in the senate are agreeing in principle to allowing the top 2% tax bracket to increase and that's precisely what the president had laid down as his muffin greed cent. he said i will not sign an agreement that doesn't include that. i tend to think that
public programs are successful which has been prooufb they're success it undercuts their view that government can't do anything right. >> is there a fear factor of democrats at this point if it's done in a small ball version versus a long ball version? >> yes, there is. i have to admit i'm a card carrying member of the sherrod brown fan club and he represents a breed of democrat that's proudly progressive and doesn't want to ceded ground to republicans but i think the president has...
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Dec 6, 2012
12/12
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they're all going to turn to the federal government to bail them out. i think that obama administration has set the tone that they will be there to bail people out. they bailed out general motors. they bailed out, you know, folks who couldn't pay their mortgages. they're helping people who can't pay for health insurance. i mean, the idea is that we can provide for people that can't provide for themselves. they've kind of set the tone that we'll be there to help you if you don't have the money for yourself. obama will be there on monday in detroit to answer personally whether he's planning to give the city any money. there's certainly precedent. it's happened before and it will happen against with the pension systems. >> greta: president ford did it with new york in the '70s. there's precedent. the problem is we don't have any money. >> we're out of money and i don't know where this ends. credit to the council woman. i think that's refreshing in politics. usually they're trying to be more tactful with these sorts of things. weesh out owe're out of money.
they're all going to turn to the federal government to bail them out. i think that obama administration has set the tone that they will be there to bail people out. they bailed out general motors. they bailed out, you know, folks who couldn't pay their mortgages. they're helping people who can't pay for health insurance. i mean, the idea is that we can provide for people that can't provide for themselves. they've kind of set the tone that we'll be there to help you if you don't have the money...
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Dec 7, 2012
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the number of government opponents is growing throughout the day here in cairo. they are plunging the country of egypt into even deeper turmoil. large crowds venting their furry against president mohammed morsi and what they call his power grab, also rejecting his calls for a dialog to end the crisis. the violence there getting the attention of the white house. egypt is considered a vital american interest because of the peace treaty it maintains with israel. we have more on this ahead. but first, all right we are also tracking a developing story in syria. where new video shows the rebels slowly gaining ground in the battle for damascus. they've scored a series of tactical skwreubgt tree tactic tactical victories, and declaring the damascus international airport a military zone. fierce street battles are breaking out as you can see here from the video. the "associated press" released this amateur video and said it seems to core respond with news accounts from the city. foxess conor powell is covering syria live from our mideast bureau. what is the latest. >> repo
the number of government opponents is growing throughout the day here in cairo. they are plunging the country of egypt into even deeper turmoil. large crowds venting their furry against president mohammed morsi and what they call his power grab, also rejecting his calls for a dialog to end the crisis. the violence there getting the attention of the white house. egypt is considered a vital american interest because of the peace treaty it maintains with israel. we have more on this ahead. but...
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Dec 11, 2012
12/12
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if we get an agreement on spending cuts from the government, you're talking about government spending going down, which is perhaps contraction their, if not, it gets gdp to zero, even if you might get all excited we have a deal, you are still looking at a negative economic impact going into 2013. >> and there's multiple components to the deal. understand it's not just about taxes, it's about spending and the debt ceiling. how much of your liberty are you going to give up on taxes to get that kind of spending pain? i don't know. all i can see is the government spending is up 9.5% on an adjusted basis on the third quarter. they have to get that down and i doubt there's a deal until they do. >> let's talk housing. that is certainly although h lll cliff trade. look at the home builder's etf. will the looming cliff burn down the house? here's what we heard on "squawk on the street." >> the bigger threat is what happens in d.c., the fiscal cliff story. the challenge is, changes to tax law that make it more expensive to own a home. >> if the mortgage interest rate deduction were eliminated,
if we get an agreement on spending cuts from the government, you're talking about government spending going down, which is perhaps contraction their, if not, it gets gdp to zero, even if you might get all excited we have a deal, you are still looking at a negative economic impact going into 2013. >> and there's multiple components to the deal. understand it's not just about taxes, it's about spending and the debt ceiling. how much of your liberty are you going to give up on taxes to get...
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and many states and governments are doing that. in the short-term, however, it's another question when you're in an economically very difficult time, if the states and local governments don't get money it forces to raise taxes or increase unemployment both are which are bad for the economy. conservative president bush had three efforts to provide state aid to state and local governments that were suffering dung an economic down tournament. >> brenda: quickly, julian. >> and supported in the past. >> brenda: todd, what do u ththink. >> when ist going to end. you bail out detroit and next is harrisburg, pennsylvania. a long list, doug. why do we have to save detroit? pick your city. i don't think it's right you have somebody out there, man made, blew through their budget, going bankrupt, don't have a strategyor recovery right now except to go hat in hand back to washiton. when you look the at all of that, why is it that i have to, as a taxpayer, continue to bail out the other cities? it's just t fair and it's not right. >> brenda: go
and many states and governments are doing that. in the short-term, however, it's another question when you're in an economically very difficult time, if the states and local governments don't get money it forces to raise taxes or increase unemployment both are which are bad for the economy. conservative president bush had three efforts to provide state aid to state and local governments that were suffering dung an economic down tournament. >> brenda: quickly, julian. >> and...
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Dec 12, 2012
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he did it on keeping the government open. you had attrition in the republican conference. there is the possible, some people are saying, look, if speaker boehner does not agree to something, the republican conference that they lie, he is out. a group downtown is very upset at him and sorry groups, as well, but it take as lot to kick speaker boehner out. the best thing he has going for him, his leadership is four square behind him. that wasn't necessarily the case last year. there were tensions between the staff with the majority leader and he is now on board, and the whip is on board, and, more importantly, paul ryan, is on board and he is part of the meet ing. >>neil: thank you very much. our work is not done, but we will be there to help the country out. thank you, chad. in the meantime, santa, santa, santa is getting into the spending act. say it ain't. >> we have a special guest would needs absolutely no introduction. i would like everyone to welcome santa. [ applause ] twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to reth
he did it on keeping the government open. you had attrition in the republican conference. there is the possible, some people are saying, look, if speaker boehner does not agree to something, the republican conference that they lie, he is out. a group downtown is very upset at him and sorry groups, as well, but it take as lot to kick speaker boehner out. the best thing he has going for him, his leadership is four square behind him. that wasn't necessarily the case last year. there were tensions...
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Dec 10, 2012
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government. certainly, u.s. data suggests that about 1 in 10 rebels on the ground may have some kind of affiliation. so big enough to be a problem but not big enough to represent the majority at all. this is the issue going forward. these people are increasingly in the eyes of syrians almost their war heroes to some description because they're experiencing success and victory on the battle field. the problem for the u.s. is when you want to start to fund the armed opposition or start assisting the political opposition in the future once the assad regime has fallen, how do you shore up that contradiction? on one side you have a group that's successful and part of what the rebels see as success, but at the same time they're also terrorists under many rules you said yourself. >> nick, explain for us. what does this mean for president bashar al assad's argument that these are terrorist organizations attacking the government facilitie facilities? does this give his argument any credence? >> reporter: the problem is u
government. certainly, u.s. data suggests that about 1 in 10 rebels on the ground may have some kind of affiliation. so big enough to be a problem but not big enough to represent the majority at all. this is the issue going forward. these people are increasingly in the eyes of syrians almost their war heroes to some description because they're experiencing success and victory on the battle field. the problem for the u.s. is when you want to start to fund the armed opposition or start assisting...
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disaster money. >> the federal government has had a view for 100 years. when god's wrath strikes, it's so overwhelming at local its, -- localities, even big ones like new york can't handle it on their own. >> you don't know for sure? >> you don't know for sure n. washington, who knows? >> reporter: many sandy victims say they're so concerned with putting their lives back together that they don't even know what is going on in washington. and they've never even heard the fiscal cliff. >> this is news to me. i didn't hear that part. >> reporter: anthony spent sunday, seeking fema dollars. he's homeless and can't understand how congress can help cut vital budgets like fema's? >> crazy. doesn't make sense. we need it down here. and there's a -- people down here a lot more destitute than me. >> reporter: congress now has time to figure it out. in new york's staten island, drew levinson, wjz eyewitness news. >> governors from new york and new jersey were in washington last week, asking for more aide from president obama. -- aid from president obama. >>> christma
disaster money. >> the federal government has had a view for 100 years. when god's wrath strikes, it's so overwhelming at local its, -- localities, even big ones like new york can't handle it on their own. >> you don't know for sure? >> you don't know for sure n. washington, who knows? >> reporter: many sandy victims say they're so concerned with putting their lives back together that they don't even know what is going on in washington. and they've never even heard the...
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Dec 9, 2012
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critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline looms. is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i don't think you'll see real progress over the next week. we are about two weeks away from christmas. three weeks until we hit the deadline and they're nowhe
critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline...
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Dec 11, 2012
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this is government dependency at its worst. here now is the story. political reporter from the daily caller and margie omara. margie, i have to go to you first. in some sense this is a bipartisan story. if you look at the evidence that's come out today and was reprinted, this starts with the bush administration, but it rolls up with the obama administration. why would we want taxpayer dollars to subsidize ads for what should be limited to an anti-poverty program but has become this grandiose public welfare dependency. >> well, a few reasons. first, when you look at food stamps it's actually lowered the poverty rate for children. a majority of snap recipients are children and seniors and the disabled. it's done a huge effort to make sure kids don't go hungry. we are not talking about -- we're talking about making sure kids get the food they need. a majority of americans support this proposal. they support -- they don't want to see food stamps be cut as a way to balance the budget. we tried the other approach of ko kond sengs, blame and denial. it may
this is government dependency at its worst. here now is the story. political reporter from the daily caller and margie omara. margie, i have to go to you first. in some sense this is a bipartisan story. if you look at the evidence that's come out today and was reprinted, this starts with the bush administration, but it rolls up with the obama administration. why would we want taxpayer dollars to subsidize ads for what should be limited to an anti-poverty program but has become this grandiose...
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Dec 9, 2012
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i'm here to let them know government needs to be a part of it. winnie story together to make sure everyone has opportunity. -- we are here to make sure everyone has the opportunity. >> they have been helping development for more than 100 years. it is every reporter's nightmare, going off during a news conference. what legendary basketball coach decided to do with that very untimely phone call. eclectic, the temperature is a little chilly, but we're going to bounce back with some milder readings. the insta-weather + forecast is just ahead. also dealing with fog. that will be overnight tonight. at bwi, the temperature drop off as 47. downtown, 50. downtown, 50. online outfit downtown, 50. piccolo headphones buy now broadway show megapixels place to sleep little roadster war and peace deep sea diving ninja app hipster glasses 5% cash back sign up to get 5% everywhere online through december. only from discover. >> and now your 11 insta-weather + forecast with john collins. >> another quick look at the radar. some drizzle around baltimore. none of it
i'm here to let them know government needs to be a part of it. winnie story together to make sure everyone has opportunity. -- we are here to make sure everyone has the opportunity. >> they have been helping development for more than 100 years. it is every reporter's nightmare, going off during a news conference. what legendary basketball coach decided to do with that very untimely phone call. eclectic, the temperature is a little chilly, but we're going to bounce back with some milder...
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Dec 9, 2012
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all it says is the federal government is going to return to what the federal government was always doing before. we were talking about federalism issues earlier in the show. in the history of marriage, the federal government has always deferred to state definitions of marriage. let me give you an example. some states allow first cousins to marry, others don't because of prohibitions, incest concerns and things like that. whatever the state definitions are, the federal government has always followed the state definition. if a state says they're married, the federal government says for the purposes of benefits they're married. in 1996, the defense of marriage act departed from that practice and said the federal government is going to intermettle in family law and say that marriage is only between one man and one woman. >> these are one of the few moments when progressives get down with states' rights. we were talking about this yesterday around marijuana legalization. suddenly, now we're all for states' rights. similarly, this is where we have started to see some fro o. progress. what made
all it says is the federal government is going to return to what the federal government was always doing before. we were talking about federalism issues earlier in the show. in the history of marriage, the federal government has always deferred to state definitions of marriage. let me give you an example. some states allow first cousins to marry, others don't because of prohibitions, incest concerns and things like that. whatever the state definitions are, the federal government has always...
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. >> and many of these people are public servants and working for the united states government and celebrate that. >> did you got that out of my special then i hope you don't watch it. >> ben stein, all kidding aside, i just wonder, s what you will about what happened to our spa program we used to own it and hitch a ride with the russians to sll be a part of it. we're trapped inur own debt and that seems to limit our options and even o thinking abouhow we get out of messes. >> it was a heart breaking situation, and by the way, to go back to rl life for a second, i g to the army medical center, we used to be called walter reed and now down in bethesda and quite often seeing amazing heroes with their limbs blown off and making aife with themselves and their families and plenty of heroes, and teachers and so forth, and you're right out of washington we've allow our government to create a lead weight of debt that brings us down, down, down, instead of great things and turned over the rush shins and chinese and surrendered our enormous lead in the space program because of other indebtedness. it's
. >> and many of these people are public servants and working for the united states government and celebrate that. >> did you got that out of my special then i hope you don't watch it. >> ben stein, all kidding aside, i just wonder, s what you will about what happened to our spa program we used to own it and hitch a ride with the russians to sll be a part of it. we're trapped inur own debt and that seems to limit our options and even o thinking abouhow we get out of messes....
WHUT (Howard University Television)
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Dec 7, 2012
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and you see sort of the moving parts of a variety of government, they're cooperating. >> yes. it's a three, i guess it's not branches but dod, c.i.a. command and role in the whitehouse. obviously there's a lot of turf battles there. somebody growing up being a metro reporter a lot of times you pop the hood of government and you look inside and say that's how you guys do it. >> rose: remember watergate. >> any kind of daily corruption. but it was kind of, i have to say just to look under the hood and see a v12 there let's sort of working. >> it's really admirable. >> it's really nice to know that's also a side of the story. >> kind of made you proud to be an american. >> not to say they don't do things that are really ugly and try to document. >> rose: speak to that. there was purpose in that. a lot was at stake here and things done that not necessarily americans would call, might make americans question. >> yes. it's been a dark, there should be no doubt, it's been a dark period since 9/11 and yes therbeen dead case but there are also you know, i think there are mistakes made.
and you see sort of the moving parts of a variety of government, they're cooperating. >> yes. it's a three, i guess it's not branches but dod, c.i.a. command and role in the whitehouse. obviously there's a lot of turf battles there. somebody growing up being a metro reporter a lot of times you pop the hood of government and you look inside and say that's how you guys do it. >> rose: remember watergate. >> any kind of daily corruption. but it was kind of, i have to say just to...
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Dec 13, 2012
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decision comes after the party of former prime minister silvio berlusconi withdrew its support for monti's government last week. >> jon: holy (bleep). (laughter) how does this guy do that? italy, what are you doing? berlusconi doesn't even want this. >> speaking to reporters at a football match he sounded almost reluctant. "i'm returning sadly to public service." (laughter) "again, i'm doing it out of a sense of responsibility." (laughter) stphaoud if you had a sense of responsibility you would have stopped at the seventh girl! you went eight! when has berlusconi ever displayed a sense of responsibility? his family crest is a guy (bleep)ing in a swimming pool! (laughter). (cheers and applause) congratulations to the graphics team on that one. (laughter) they've outdone themselves. maybe you don't want monti, fine. but does that mean berlusconi has to take over? don't off football star? that guy could be it. roberto be benigni, he's so fun. mario! such a good driver! il divo, there's four of them! they could split it up, for god's sakes. this guy is unbelievable. he has taken what normally would be en
decision comes after the party of former prime minister silvio berlusconi withdrew its support for monti's government last week. >> jon: holy (bleep). (laughter) how does this guy do that? italy, what are you doing? berlusconi doesn't even want this. >> speaking to reporters at a football match he sounded almost reluctant. "i'm returning sadly to public service." (laughter) "again, i'm doing it out of a sense of responsibility." (laughter) stphaoud if you had a...
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and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mean if we read right over the edge? you believe that there will be some agreements by decembee 31? >> it is hard to tell. the house, the senate, the republicans, it's very tough negotiitions up there. i will tell you that i did meet with my finance officer this morning. my budget director. we talked about comparing my state budget. we have to make our decisions within the next month. the state of oklahoma, it will cost to $700 million in so many things. if we got the fiscal cliff. gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state
and federal government also. but he also said that they would have to meet his goals and ideas. leader harry reid, he was more concerned that they were going to be able to reach some kind of an agreement avoid going off the fiscal cliff. gerri: how concerned are you? what would it mean if we read right over the edge? you believe that there will be some agreements by decembee 31? >> it is hard to tell. the house, the senate, the republicans, it's very tough negotiitions up there. i will...
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Dec 6, 2012
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live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished."fox and friendst now. ♪ ♪ "fox and friends". >> steve: a house is something that is not easy to misplace. if you leave it there, you come back and it is there. >> gretchen: you hope that happens. we'll fill you in on the details. in the meantime what happen in a phone call. a lot can happen, right. you can get in fights and agreements and compromise. hum, i am not so sure that happened in the phone call between speaker of the house john boehner and president of the united states, barack obama. did they come to a conclusion. it is now the president's turn. >> brian: it is a week since the president and speaker talked. i do not know at of this moment who called who. >> steve: we know no
live pictures and he has a message from the federal government. merry christmas, government. you are not the real savior. the reverend joins us live this christmas season. >> brian: super storm sandy couldn't wipe out his home but something else did. >> she said to me. are you sure your house is gone. you misplace a pen and pencil but not a house. >> gretchen: how the entire house vanished."fox and friendst now. ♪ ♪ "fox and friends". >> steve: a house...
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Dec 7, 2012
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fema is getting more money from the government if they are getting month money from the government they should write the checks out. >>neil: we will watch it closely. thank you. . you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>neil: to michigan, protesters not stopping republicans from approving right-to-work legislation that stopped you from forcing non-union workers to pay dues and could become law by next wednesday with my next guest's signature. does business ring a bell? this is the governor of michigan. >> we will get it done. it is important because it is about being pro worker, we have hard people, hard work people in union and they should be able to decide whether to join a union or not. it is not about employers or collective bargain. people should have the opportunity to say they want to belong or not. second, this can be good for economic development for more and better jobs coming to michigan. we have watched what has gone on in indiana with more companies look
fema is getting more money from the government if they are getting month money from the government they should write the checks out. >>neil: we will watch it closely. thank you. . you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>neil: to michigan, protesters not stopping republicans from approving right-to-work legislation that stopped you from forcing non-union workers to...
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the federal government point five percent of me the schools default those or the high yield junk bonds ok so that is how often they actually default yet according to federal reserve bank of new york and a report issued this summer bonded actually occur more then that woman indicated in more than you may think it said although the low default history of miscible bonds has played a key role in luring investors to the market frequently cited default rates published by the ratings agencies do not tell the whole story about municipal bond defaults for example between one nine hundred seventy and two thousand and eleven moody's reported there were only seventy one municipal defaults however the fed report which looked at a much broader sample including unrated bonds and industrial development bonds counted twenty five hundred and twenty one defaults during the same span so you have a big difference there depending on what you're looking at now we have yet to see the reckoning in the municipal bond market many of called for in the future is up for debate depending on who you listen to but now
the federal government point five percent of me the schools default those or the high yield junk bonds ok so that is how often they actually default yet according to federal reserve bank of new york and a report issued this summer bonded actually occur more then that woman indicated in more than you may think it said although the low default history of miscible bonds has played a key role in luring investors to the market frequently cited default rates published by the ratings agencies do not...
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Dec 7, 2012
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FOXNEWSW
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this as they ask for the federal government for more help in trying to pick up the pieces. mike emmanuel has a look at the plea for hem. >> bridges in new jersey and new york brought by law makers in the region. they testified at the senate hearing in capitol hill about the incredible damage super storm sandy inflicted on the transportation super center. >> this one subway station will cost nearly 600 million to repair. >> it was the largest mass transit disaster in our nation's history. 4 out of 10 of the nation's transit riders, of the nation's transit riders have their commutes disrupted by the storm. many of them still do today. >> miles of tracks and tunnels were flooded with corrosive salt water 12 subway stations were damaged or destroyed and half a million transit riders are still experiencing severe destruction. >> the focus is not just on trains and tunnels but also the courts two of the busiest of the nation both suffered heavy damage. >> what happens in our court district effects the entire nation. the storm ripples through the entire country. we must not lose s
this as they ask for the federal government for more help in trying to pick up the pieces. mike emmanuel has a look at the plea for hem. >> bridges in new jersey and new york brought by law makers in the region. they testified at the senate hearing in capitol hill about the incredible damage super storm sandy inflicted on the transportation super center. >> this one subway station will cost nearly 600 million to repair. >> it was the largest mass transit disaster in our...
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Dec 9, 2012
12/12
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FOXNEWS
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america is a unique government. our government is the only one in the history of man. it was forged to protect the citizen as rights and citizen's pursuit of happiness. the government is perfect. the government was the citizen. it is no longer the citizen. now the citizen has to cobecome means for government. o president obama has an idea of national healthcare. it may be a compelling idea. his dream of healthcare is not my dream. president obama is not using a force of government to coerce the power of federal government to compel not just me and you but every single american in this country to fund his dream. it is not the purpose of the american government. >> maybe what i can tell you is this, if somehow you decide business is no longer profitable you decide to sell the company would you make a promise on the show i want to you run for congress. you make more sense than a lot of the folks making the decisions. i hope people will pay attention to you in business. >> i will that if you make me a promise. the role of government in america is split between federal and
america is a unique government. our government is the only one in the history of man. it was forged to protect the citizen as rights and citizen's pursuit of happiness. the government is perfect. the government was the citizen. it is no longer the citizen. now the citizen has to cobecome means for government. o president obama has an idea of national healthcare. it may be a compelling idea. his dream of healthcare is not my dream. president obama is not using a force of government to coerce the...
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Dec 5, 2012
12/12
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the government sounding the alarment tonight about something that affects millions of older americans. you may have seen commercials calling for a reverse mortgage. but tonight, abc news has learned there's growing concern and the government may be ready to take as. here's abc's senior national correspondent jim avila. >> it was -- this was our dream. >> reporter: the family home, dream and nest egg for wisconsin's linda and jim mcmahon. until it had to be sold out from under linda to pay back a reverse mortgage as soon as her husband died. >> i get a letter, sorry to hear about your husband passing away. buy the house or move out. >> reporter: reverse mortgages give homeowners an immediate cash payment in exchange for future equity. allowing them to stay in the house until death. but only people 62 and older quali qualify. linda was too young to be on the mortgage, so, when her older husband died, she lost everything. it's only one danger inherent in the reverse mortgage. >> hi, i'm fred thompson. >> hi, i'm henry winniklewinkle. >> reporter: critics say the commercials prey on vulne
the government sounding the alarment tonight about something that affects millions of older americans. you may have seen commercials calling for a reverse mortgage. but tonight, abc news has learned there's growing concern and the government may be ready to take as. here's abc's senior national correspondent jim avila. >> it was -- this was our dream. >> reporter: the family home, dream and nest egg for wisconsin's linda and jim mcmahon. until it had to be sold out from under linda...
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Dec 12, 2012
12/12
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CURRENT
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you need to have an active government to enable us to do that. >> yes, we lost all of those years. you had the unfortunate job of being the governor of michigan while george w. bush was president. but the bush plan was part and parcel to what we're seeing now. and actually before bush it happened to the governor before you who was there for -- i don't know how long? 12 years? >> jennifer: yeah. >> but this really started with ronald reagan, when he fired the air traffic controllers. and maybe we can talk about this in the next segment, because i would like to offer some constructive criticism of what we need to do now. >> jennifer: yes, i totally want to do that. but i just want to ask you a question, though, because i know you said that you were done making movies, but i -- i -- i reject that, because even though you think that you were banging your head against the wall with roger and me if you leave the -- the communication channels to only fox news and those, there will be no voice for the other side so i want you to do a sequel to roger and me. [ laughter ] >> yeah, i'm really
you need to have an active government to enable us to do that. >> yes, we lost all of those years. you had the unfortunate job of being the governor of michigan while george w. bush was president. but the bush plan was part and parcel to what we're seeing now. and actually before bush it happened to the governor before you who was there for -- i don't know how long? 12 years? >> jennifer: yeah. >> but this really started with ronald reagan, when he fired the air traffic...
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Dec 12, 2012
12/12
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CURRENT
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, state government and local government. we want to see it in the private sector. >> eliot: while it is nice to see some on the right finally acknowledging the government is capable of creating jobs, the 73% number signifies nothing. yes, the number is accurate and the past five months, 847,000 jobs have been created and 621,000 were government jobs. however, the reason they're only tracking the past five months is because if they started in january, they would see that government jobs are actually down for the year and that it is actually government workers who have been most affected by the recession due to state and local governments being forced to lay off workers in order to balance budgets. here are real numbers. since president obama took office in january of 2009, the number of government jobs has dropped by 678,000. the number of private sector jobs has increased by nearly 1.5 million. i know congressman murphy may not think so but facts matter. >> eliot: we saw it last summer and we're seeing it again. and now the
, state government and local government. we want to see it in the private sector. >> eliot: while it is nice to see some on the right finally acknowledging the government is capable of creating jobs, the 73% number signifies nothing. yes, the number is accurate and the past five months, 847,000 jobs have been created and 621,000 were government jobs. however, the reason they're only tracking the past five months is because if they started in january, they would see that government jobs...
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Dec 7, 2012
12/12
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WBAL
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hoffman, did you try to sell government secrets? >> reporter: just a big smirky smile from hoffman who retired a year ago and is trained as a navy krip tow logic technician. the indictment reads hoffman had access to top secret information which could cause exceptionally grave damage to national security. on october 21st hoffman is accused of delivering secret information to people he believed to be officials with the russian federation on how to track u.s. submarine using the technology he learned on the job working for the navy. the information included the technology and procedures required to find the subs. hoffman delivered that information to fbi agents posing as an undercover operation. >> that was andy fox reporting. >>> now for a look at your friday weather, nicks meteorologist dylan dreyer is here with the forecast. it happens to be our favorite one. >> i know. it is a good day but, yeah, you know, yesterday was so much colder than it has been. we're actually starting to see a pattern shift here. we are going to see colder
hoffman, did you try to sell government secrets? >> reporter: just a big smirky smile from hoffman who retired a year ago and is trained as a navy krip tow logic technician. the indictment reads hoffman had access to top secret information which could cause exceptionally grave damage to national security. on october 21st hoffman is accused of delivering secret information to people he believed to be officials with the russian federation on how to track u.s. submarine using the technology...